NOT LISTED FOR SALE

1504 Lincoln Way Unit 422 McLean, VA 22102

Tysons Corner Neighborhood

Estimated Value: $262,000 - $291,000

1 Bed
1 Bath
626 Sq Ft
1988 Built

Last Sold December 02, 2019

Last sale price $250,000 $399 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,673/month

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Spring Hill Elementary School Rated A
  • 1 Fireplace
  • Elevator

About This Home

As of February 2021

THIS NEWLY RENOVATED CONDO UNIT IS LOCATED BY TYSONS WITH COUNTLESS AMENITIES ALL THROUGHOUT THE AREA; A TRULY HOT SPOT AND IN DEMAND LOCATION. QUALITY LIFESTYLE AND EVERYTHING IS CLOSE BY INCLUDING BUS STOPS AND METRO STATION. MODEL KITCHEN WITH GRANITE COUNTERS, BAR STYLE, AND STAINLESS STEEL APPLIANCES. SPACIOUS AND TYPICAL COUNTRYSIDE BALCONY FOR STRESS RELIEVER AFTERNOON. WASHER AND DRYER IN THE UNIT. WALK-IN CLOSET; CONTEMPORARY STYLE OF NEW FLOORING, FRESHLY PAINTED AND READY TO MOVE IN. UNIT AVAILABLE BY DECEMBER 1. WATER INCLUDED IN THE RENT. GARAGE PARKING. TO GET IN THE UNIT: DRIVE BY BUILDING 1504 WHERE THE GARAGE ENTRANCES ARE LOCATED. GO UP THE STAIRS WHERE ALL THE LOCKBOX ARE LOCATED BY THE FRONT OF THE GRILLED ENTRANCE WITH THE AGENT'S BUSINESS CARD. ELEVATOR IS IMMEDIATELY THERE ONCE YOU ENTERED AND THE UNIT IS RIGHT BY THE FRONT OF THE ELEVATOR. PARK ON VISITOR'S SPOT.

Last Agent to Rent the Property

Jocelyn Porteria

(571) 432-8335 PorteriaProperties2021@gmail.com Fairfax Realty Select License #0225098375 Listed on: 11/12/2020

Fairfax Realty Select

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1988 | Remodeled in 2019

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Entry on the 4th floor
  • Metal Siding

Interior Spaces

  • 626 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,650
  • $250 Move-In Fee
  • Requires 1 Month of Rent Paid Up Front
  • Rent includes common area maintenance, grounds maintenance, hoa/condo fee, lawn service, parking, recreation facility, snow removal, trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 12/1/20
  • $50 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 0292 18020422

Community Details

Overview

  • Property has a Home Owners Association
  • $50 Elevator Use Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, parking fee, pool(s), recreation facility, sauna, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Fountains At Community
  • Fountains At Mclean Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,708

Year Built

Built in 1988 | Remodeled in 2019

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2020-12-01
  • Application Fee: 50.00
  • Months Rent Up Front: 1.0
  • Pet Deposit: 500.00
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Grounds Maintenance, Hoa/Condo Fee, Lawn Service, Parking, Recreation Facility, Snow Removal, Trash Removal, Water
  • Security Deposit: 1650.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 250.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Year Renovated: 2019
  • Remarks Public: THIS NEWLY RENOVATED CONDO UNIT IS LOCATED BY TYSONS WITH COUNTLESS AMENITIES ALL THROUGHOUT THE AREA; A TRULY HOT SPOT AND IN DEMAND LOCATION. QUALITY LIFESTYLE AND EVERYTHING IS CLOSE BY INCLUDING BUS STOPS AND METRO STATION. MODEL KITCHEN WITH GRANITE COUNTERS, BAR STYLE, AND STAINLESS STEEL APPLIANCES. SPACIOUS AND TYPICAL COUNTRYSIDE BALCONY FOR STRESS RELIEVER AFTERNOON. WASHER AND DRYER IN THE UNIT. WALK-IN CLOSET; CONTEMPORARY STYLE OF NEW FLOORING, FRESHLY PAINTED AND READY TO MOVE IN. UNIT AVAILABLE BY DECEMBER 1. WATER INCLUDED IN THE RENT. GARAGE PARKING. TO GET IN THE UNIT: DRIVE BY BUILDING 1504 WHERE THE GARAGE ENTRANCES ARE LOCATED. GO UP THE STAIRS WHERE ALL THE LOCKBOX ARE LOCATED BY THE FRONT OF THE GRILLED ENTRANCE WITH THE AGENT'S BUSINESS CARD. ELEVATOR IS IMMEDIATELY THERE ONCE YOU ENTERED AND THE UNIT IS RIGHT BY THE FRONT OF THE ELEVATOR. PARK ON VISITOR'S SPOT.
  • Repair Deductible: 100.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 626
  • Living Area Sq Ft: 626
  • Price Per Sq Ft: 2.64
  • Above Grade Finished Sq Ft: 626
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1504

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Metal Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • Elevator Use Fee: 50.00
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator, Fitness Center, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Parking Fee, Pool(s), Recreation Facility, Sauna, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Lot Info

  • Zoning: 230
  • Zoning Description: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 0292 18020422
  • Tax Data Updated: No
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 2, 2019
Sold by
Mavrakis Akilas
Bought by
Amdc Inc
Seller's Agent
Jocelyn Porteria
Fairfax Realty Select
Buyer's Agent
Jocelyn Porteria
Fairfax Realty Select
Sold Price
$1,650
Current Estimated Value
$271,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,292
Avg. Annual Appreciation
1.46%

Purchase Details

Closed on
Apr 24, 2003
Sold by
Fountains At Mclean Llc
Bought by
Mavrakis Akilas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,720
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Amdc Inc $250,000 Realty Title Services Inc
Mavrakis Akilas $195,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mavrakis Akilas $156,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Rented $1,600 -3.0% --
11/12/2020 11/12/20 For Rent $1,650 0.0% --
12/07/2019 12/07/19 Rented $1,650 -99.3% --
12/03/2019 12/03/19 Under Contract -- -- --
12/02/2019 12/02/19 Sold $250,000 0.0% $399 / Sq Ft View Prior Sale
11/15/2019 11/15/19 For Rent $1,650 0.0% --
10/23/2019 10/23/19 For Sale $256,000 0.0% $409 / Sq Ft
11/19/2012 11/19/12 Rented $1,400 0.0% --
11/16/2012 11/16/12 Under Contract -- -- --
11/05/2012 11/05/12 For Rent $1,400 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,708 $253,220 $51,000 $202,220
2024 $2,708 $224,090 $45,000 $179,090
2023 $2,564 $217,560 $44,000 $173,560
2022 $2,597 $217,560 $44,000 $173,560
2021 $2,893 $236,480 $47,000 $189,480
2020 $2,832 $229,590 $46,000 $183,590
2019 $2,723 $220,760 $42,000 $178,760
2018 $2,441 $212,270 $42,000 $170,270
2017 $2,382 $196,660 $39,000 $157,660
2016 $2,428 $200,880 $40,000 $160,880
2015 $2,552 $218,870 $44,000 $174,870
2014 $2,577 $223,440 $45,000 $178,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1166864

Bright MLS

APN: 0292-18020422